just a reminder of the potential of chanape...

Read article from ResourceStocks October 2012

Inca Minerals – Building Up Peru’s Kingmaker

This will give you an insight in the scale of the target and why I invested in Inca …

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Extracts from Inca’s June 2013 Quarterly Activities Report
This will give you an indication of the methodical approach being adopted to explore the Chanape tenement…

“…
Phase 1 Completed

Surface exploration program generates results that include:

• Identification of six broad zones of surface gold, silver, copper, molybdenum mineralisation which define 10 high priority targets
• Large near-surface geophysics anomaly at least 1km in width coincident with mineralised breccia and mineralised porphyry.
• Significant rockchip sample results
…”

… and …

“…
Phase 2 Underway
Surface Exploration Program: Porphyry Targeting

Fieldwork associated with phase 2 of the exploration program commenced during the June 2013 quarter. The phase 2 program is not dissimilar to the phase 1 program and has encapsulated an area surrounding the phase 1 area (refer to the legend of Figure 6). The phase 2 program includes 1:1,000 scale lithological, alteration and structural mapping, rock chip sampling (over 300 samples) and 40.9 line kilometres of Induced Polarisation (IP). A specific feature of the phase 2 program is the design of the IP survey that allows deep (700m) interpretation.

At the time of writing (and subsequent to the June 2013 quarter) the Company can report the recent completion of the phase 2 exploration program fieldwork and looks forward to releasing results as soon as possible.
…”

The exploration approach of surface rock chip sampling, deep IP Survey interpretation (to 700 m), expert analysis followed by drilling, shows that the management are making best use of our company’s resources to substantially reduce the risk of the higher cost drilling campaign.

There is a lot to look forward to in the near future.

Good luck to all of the patient stockholders.

As always DYOR,

Cheers,

GrayNomad